Getting Caught Up With a Few Things

Switching brokerages brings with it a crush of activity … there are logos to upload and switch, brokerage names to redo on multiple websites, for sale signs and business cards to order and listings to transfer. (Time also has been spent exploring the brokerage back end website at Realty ONE which, frankly, is incredible. And I’m a tech guy.)

So, it goes without saying, writing on the blog ended up taking a bit of a back seat.

Another reason for the delay has been the business … Monday brought a new listing for an adorable single-level townhouse in central Phoenix near the Light Rail, which had not been anticipated, and the tremendous surprise that my own parents may be moving in the future, giving me an unexpected listing in Mesa.

Plus there are two short sales about to come to market just as soon as the sellers take care of the mountain of paperwork needed to complete the short sale package.

Did I mention this is the last week before the kids’ go back to school? Time to sit here and wonder where the summer went and what happened to the usual plans to go to the movies or the library, though we did pull off a wonderful Hollywood vacation.

Oh, and I might be overdosing on Olympic volleyball and water polo, too. As Crash Davis said, “We’re dealing with a lot of (stuff.)”

All that aside, here’s what you need to know about the state of the market … as of the moment, there are a hair of 8,100 detached homes for sale in Maricopa County. Add in what I’ve seen looking for homes in the plus-$180k range and there appears to be the slightest bit of slowing in the market.

This isn’t necessarily bad news for sellers – demand remains insanely high, but timing ought to become part of the selling equation now, as in maybe this isn’t the time to keep waiting and waiting before getting your home on the market – particularly if you need to short sell.

It’s slightly better news for buyers though, as most anyone can attest, it’s still damn hard to get a contract accepted on a home.

We’ll be back to normal programming here in a day or so. Thanks for the patience in the interim!